Times like these can make you feel like the vulture in the cartoon who says to his companion, “Patience, hell, I’m going to go kill something!” But patience (like cash) is one of your greatest allies in a market like this. It takes discipline to do nothing, but that’s how we conserve our capital in down markets. In the meantime, while waiting for markets to get moving again, here are a few thoughts on the global investment world and a fascinating stock story for your watch list. Remember, you can always email any questions you have. Also, check out our cabot.net website to look at back issues, read Cabot Wealth Advisories and get our latest thoughts on what markets are up to (or down to).
